Park Village Auctions (PVA) will host its last truck and trailer auction of the year featuring a collection of top-quality genuine bank-repossessed truck tractors, trailers, yellow metal and agricultural equipment. PVA's LeRoy Augustyn has announced that the auction will take place on Thursday, November 30, at 10.30am at PVA's truckyard at Nasrec, Johannesburg South. Augustyn says the auction is sure to attract buyers from across the spectrum seeking value for money ahead of certain fuel and inflation increases. Notes Augustyn: "We've seen the demand for used commercial vehicles, and agricultural equipment in particular, grow throughout the year as fuel prices and subsequent business costs continue to soar. "The fuel price for December alone is set to increase by as much as 75c a litre for 95 octane petrol and 63c a litre for diesel. "The Automobile Association has commented as well, with warnings that further hikes are on the cards as signs point towards further rating downgrades, ...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now